Common Mistakes To Avoid When Selling A House

1
Common Mistakes To Avoid When Selling A House
Selling a home is a big thing, and it can be
complicated, considering all the necessary step s
involved. Theres the preparation, listing,
making repairs, finding a buyer, closing, and you
also have to move into your next home. As much
as possible you want to avoid any mistake that
can be costly and also for your own peace of
mind. A cash home buyer offers an alternative way
of selling a house and can help you avoid
mistakes, save you time and money.
2
Common Mistakes To Avoid When Selling A House
Underestimating the Expenses that come with
Selling a House
The total cost of selling a house can reach up to
more than 5 to 6 percent in agent commissions
that most people anticipate to pay. When you
include the repairs, closing costs, and buyer
concessions, the total costs can go up to 10
percent of the selling price.
To get an estimate of the value of the cost of
selling your home, you can use a home sale
calculator available online. Knowing this
information is important before listing because
doing so will help you make the right decision of
whats the best way to sell your house and if you
have enough money for the expected costs. If not,
you dont have to worry because there is a way
you can do away with some of the costs by selling
your house as-is through companies that offer
cash for houses.
3
Common Mistakes To Avoid When Selling A House
Setting an Unrealistic Price
The price you desire and what the market will pay
most likely wont match. The fair market value is
how a house is valued when both the buyer and
seller are reasonably knowledgeable about the
property and both are not under any pressure to
buy or sell.
As the seller, it means its between asking too
much or too little. If you cant hit that spot in
between, you risk leaving cash on the table or
having your home unsold for a longer period of
time, which can also have consequences. 
4
Common Mistakes To Avoid When Selling A House
To get a general idea of how much your home is
worth, you can check the price of homes with
similar sizes and features that have sold near
you. Real estate agents usually use these
comparable sales known as comps to come up with a
listing price. However, no two comps are the same
so you also need to take into consideration each
difference between house features to be accurate.
5
Common Mistakes To Avoid When Selling A House
Ignoring Major Repairs and Making Costly
Renovations
A house with a lot of maintenance issues can
drive buyers away and decrease your home value.
You might want to prioritize the most glaring
problems that are likely to turn up during a home
inspection. If your house needs major repairs,
you might want to sell it to a we buy ugly
houses company. This way, you dont have to
spend a lot of money and time on extensive
repairs.
6
Common Mistakes To Avoid When Selling A House
Choosing the wrong Agent or the wrong way to Sell
If you decide on working with a real estate
agent, be sure to choose the one who has your
best interest at heart. Take time to interview
potential real estate agents to help you make the
right decision. Check their credentials and
licensing. You might also want to talk with past
clients. Also, make sure that the real estate
agent has a great deal of experience selling in
your area and price point.
7
Common Mistakes To Avoid When Selling A House
While working with a real estate agent offers
several advantages, it might not be the best
option for everyone, especially if your house is
in need of a lot of repairs or if you want to get
it sold quickly. Going with a real estate agent
means saying goodbye to 5-6 percent of what
youll get in a home sale and thats a lot if you
already spend so much on repairs. If you want
to get your house sold quickly, the traditional
way of selling a house is not the best option
since it usually takes time. Fortunately, you can
go with a cash buyer like the Cincinnati House
Buyer who will buy your house as-is, shoulder the
closing cost, and can have it done in less than
two weeks.
8
Thank you